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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and LIVE VENTURES Inc (LIVE). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $108.5M, roughly 1.2× LIVE VENTURES Inc). LIVE VENTURES Inc runs the higher net margin — -0.1% vs -35.7%, a 35.6% gap on every dollar of revenue. On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -2.7%). Over the past eight quarters, LIVE VENTURES Inc's revenue compounded faster (-4.3% CAGR vs -6.3%).

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

JBGS vs LIVE — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.2× larger
JBGS
$127.6M
$108.5M
LIVE
Growing faster (revenue YoY)
JBGS
JBGS
+0.2% gap
JBGS
-2.5%
-2.7%
LIVE
Higher net margin
LIVE
LIVE
35.6% more per $
LIVE
-0.1%
-35.7%
JBGS
Faster 2-yr revenue CAGR
LIVE
LIVE
Annualised
LIVE
-4.3%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
JBGS
JBGS
LIVE
LIVE
Revenue
$127.6M
$108.5M
Net Profit
$-45.5M
$-64.0K
Gross Margin
32.6%
Operating Margin
-47.5%
3.2%
Net Margin
-35.7%
-0.1%
Revenue YoY
-2.5%
-2.7%
Net Profit YoY
24.0%
-113.0%
EPS (diluted)
$-0.76
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JBGS
JBGS
LIVE
LIVE
Q4 25
$127.6M
$108.5M
Q3 25
$123.9M
$113.9M
Q2 25
$126.5M
$112.5M
Q1 25
$120.7M
$107.0M
Q4 24
$130.8M
$111.5M
Q3 24
$136.0M
$112.7M
Q2 24
$135.3M
$123.9M
Q1 24
$145.2M
$118.6M
Net Profit
JBGS
JBGS
LIVE
LIVE
Q4 25
$-45.5M
$-64.0K
Q3 25
$-28.6M
$997.0K
Q2 25
$-19.2M
$5.4M
Q1 25
$-45.7M
$15.9M
Q4 24
$-59.9M
$492.0K
Q3 24
$-27.0M
$-19.9M
Q2 24
$-24.4M
$-2.9M
Q1 24
$-32.3M
$-3.3M
Gross Margin
JBGS
JBGS
LIVE
LIVE
Q4 25
32.6%
Q3 25
32.4%
Q2 25
34.0%
Q1 25
32.8%
Q4 24
31.7%
Q3 24
31.9%
Q2 24
29.9%
Q1 24
29.9%
Operating Margin
JBGS
JBGS
LIVE
LIVE
Q4 25
-47.5%
3.2%
Q3 25
-27.5%
3.3%
Q2 25
-18.4%
7.1%
Q1 25
-44.7%
2.0%
Q4 24
-53.6%
0.7%
Q3 24
-22.4%
-15.5%
Q2 24
-24.3%
0.9%
Q1 24
-30.1%
-0.7%
Net Margin
JBGS
JBGS
LIVE
LIVE
Q4 25
-35.7%
-0.1%
Q3 25
-23.1%
0.9%
Q2 25
-15.2%
4.8%
Q1 25
-37.9%
14.8%
Q4 24
-45.8%
0.4%
Q3 24
-19.8%
-17.6%
Q2 24
-18.0%
-2.3%
Q1 24
-22.2%
-2.8%
EPS (diluted)
JBGS
JBGS
LIVE
LIVE
Q4 25
$-0.76
$-0.02
Q3 25
$-0.48
$-1.52
Q2 25
$-0.29
$1.24
Q1 25
$-0.56
$5.05
Q4 24
$-0.70
$0.16
Q3 24
$-0.32
$-6.31
Q2 24
$-0.27
$-0.91
Q1 24
$-0.36
$-1.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JBGS
JBGS
LIVE
LIVE
Cash + ST InvestmentsLiquidity on hand
$75.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$95.3M
Total Assets
$4.4B
$389.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBGS
JBGS
LIVE
LIVE
Q4 25
$75.3M
Q3 25
$64.4M
Q2 25
$61.4M
Q1 25
$81.3M
Q4 24
$145.8M
Q3 24
$137.0M
Q2 24
$163.5M
Q1 24
$220.5M
Stockholders' Equity
JBGS
JBGS
LIVE
LIVE
Q4 25
$1.2B
$95.3M
Q3 25
$1.2B
$95.3M
Q2 25
$1.3B
$94.3M
Q1 25
$1.6B
$88.9M
Q4 24
$1.8B
$73.3M
Q3 24
$1.9B
$72.9M
Q2 24
$2.0B
$92.7M
Q1 24
$2.1B
$95.9M
Total Assets
JBGS
JBGS
LIVE
LIVE
Q4 25
$4.4B
$389.2M
Q3 25
$4.4B
$386.4M
Q2 25
$4.5B
$387.5M
Q1 25
$4.7B
$393.6M
Q4 24
$5.0B
$395.5M
Q3 24
$5.2B
$407.5M
Q2 24
$5.3B
$436.8M
Q1 24
$5.4B
$433.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JBGS
JBGS
LIVE
LIVE
Operating Cash FlowLast quarter
$73.3M
$9.8M
Free Cash FlowOCF − Capex
$8.5M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$21.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBGS
JBGS
LIVE
LIVE
Q4 25
$73.3M
$9.8M
Q3 25
$8.9M
$6.8M
Q2 25
$18.8M
$12.3M
Q1 25
$12.9M
$231.0K
Q4 24
$129.4M
$9.4M
Q3 24
$26.4M
$6.7M
Q2 24
$23.8M
$11.7M
Q1 24
$37.0M
$-5.7M
Free Cash Flow
JBGS
JBGS
LIVE
LIVE
Q4 25
$8.5M
Q3 25
$4.8M
Q2 25
$10.8M
Q1 25
$-2.3M
Q4 24
$7.6M
Q3 24
$3.3M
Q2 24
$10.1M
Q1 24
$-7.5M
FCF Margin
JBGS
JBGS
LIVE
LIVE
Q4 25
7.8%
Q3 25
4.2%
Q2 25
9.6%
Q1 25
-2.1%
Q4 24
6.8%
Q3 24
2.9%
Q2 24
8.2%
Q1 24
-6.3%
Capex Intensity
JBGS
JBGS
LIVE
LIVE
Q4 25
1.2%
Q3 25
1.7%
Q2 25
1.3%
Q1 25
2.3%
Q4 24
1.6%
Q3 24
3.1%
Q2 24
1.3%
Q1 24
1.4%
Cash Conversion
JBGS
JBGS
LIVE
LIVE
Q4 25
Q3 25
6.78×
Q2 25
2.28×
Q1 25
0.01×
Q4 24
19.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

JBGS
JBGS

Segment breakdown not available.

LIVE
LIVE

Steel Manufacturing Segment$31.9M29%
Flooring Manufacturing Segment$28.9M27%
Retail Flooring Segment$25.3M23%
Retail Entertainment Segment$23.6M22%

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